The Investigation Bureau and the Internal Revenue Service of the U.S., Department of Treasury, jointly organized the "Online Seminar on Corruption and Money Laundering Prevention"

Release date 2021/04/29 16:53:40 Update date 2021/04/29 16:53:40 Public Affairs Office
To strengthen Taiwan-US law enforcement cooperation and jointly combat corruption and money laundering crimes, on April 15, from 9 am to 11 am, Taipei time, the U.S. Department of Treasury's law enforcement agency—the Internal Revenue Service (IRS)—in cooperation with the Investigation Bureau under the Ministry of Justice, and other agencies, held the Online Seminar on Corruption and Money Laundering Prevention. The IRS' experts on criminal investigation and international lecturers shared their experiences with our law enforcement officers, described the Foreign and Corrupt Practices Act (FCPA), and spoke about cross-border money laundering, among other criminal practices, using actual cases of overseas bribery to explore criminal methods, violations of laws, financial investigation techniques, asset seizures, and court judgments, etc. Nearly 30 investigators attended the meeting.
The Investigation Bureau and the Internal Revenue Service of the U.S., Department of Treasury, jointly organized the "Online Seminar on Corruption and Money Laundering Prevention"

    To strengthen Taiwan-US law enforcement cooperation and jointly combat corruption and money laundering crimes, on April 15, from 9 am to 11 am, Taipei time, the U.S. Department of Treasury's law enforcement agency—the Internal Revenue Service (IRS)—in cooperation with the Investigation Bureau under the Ministry of Justice, and other agencies, held the Online Seminar on Corruption and Money Laundering Prevention. The IRS' experts on criminal investigation and international lecturers shared their experiences with our law enforcement officers, described the Foreign and Corrupt Practices Act (FCPA), and spoke about cross-border money laundering, among other criminal practices, using actual cases of overseas bribery to explore criminal methods, violations of laws, financial investigation techniques, asset seizures, and court judgments, etc. Nearly 30 investigators attended the meeting.

    The Internal Revenue Service of the U.S. Department of Treasure has law enforcement investigation powers and is responsible for investigating financial crimes, such as money laundering, terrorism financing, tax evasion, and tax fraud. The agency's responsibilities are similar to Taiwan's Investigation Bureau. Both agencies have maintained excellent long-term cooperation in the prevention and control of cross-border crimes. In order not to disrupt the cooperation between Taiwan and the United States due to the COVID-19 pandemic, the two agencies have planned to hold online video seminars and use digital technology to communicate with each other across time and space constraints. Although the IRS lecturers were in the U.S. Eastern Time Zone, a 12-hour difference with Taiwan, they showed their outstanding work determination and logged in from 9 pm to 11 pm U.S. time to accommodate to our time and participate in the online seminar, reflecting the great importance that the U.S. attaches to our law enforcement agencies.

    In recent years, the Investigation Bureau has been working closely with various law enforcement agencies in the United States to combat international terrorism, money laundering, corruption, and even computer crimes and telecommunications frauds, among other cross-border crimes. This successful cooperation has earned the recognition of the United Nations Counter-Proliferation Financing Expert Group, American Institute in Taiwan (AIT), Federal Bureau of Investigation (FBI), Drug Enforcement Administration, among other law enforcement agencies. For this reason, the IRS took the initiative and extended an invitation to the Bureau of Investigation to participate in the annual cooperation seminar via online conference for the first time. To better exhibit the importance of this event, the Investigation Bureau gathered nearly 30 investigators from the International Operations Division, the appointed Legal Secretary, National Security Division, Anti-Corruption Division, Economic Crime Prevention Division, and Anti-Money Laundering Division to conduct the online seminar with IRS lecturers in order to discuss and improve the investigation and handling of cross-border crimes.

    The Investigation Bureau is grateful to the IRS for carefully planning this online seminar. This event not only motivated our law enforcement officers, but also strengthened the communication between the two agencies, thereby enhancing the effectiveness of Taiwan-US cooperation in preventing and stopping cross-border crimes. This event reflected both agencies' determination to international cooperation as a method to fight cross-border crimes; we will continue to improve and deepen our cooperation with the IRS in the future.